14th May 2024
Tonny De Beer has been appointed as the chief product innovation officer at First Quality's absorbent hygiene division. With over 25 years of experience, De Beer will oversee innovation, quality, and regulatory functions, reporting to Allen Bodford. His role focuses on advancing sustainability and bringing innovations to the North American market.
13th May 2024
Glatfelter reported a decrease in net sales to $327 million in Q1 FY24, alongside a net loss of $26.2 million. The company saw an improvement in profitability with an adjusted EBITDA of $23.8 million and a margin of 7.3 per cent. Sales declines were seen across all segments, with airlaid materials, composite fibres, and spunlace posting drops in...
10th May 2024
Berry Global's Q2 net sales fell by 6 per cent, with resin price pass-throughs impacting 5 per cent. Operating income declined to $208 million, attributed to goodwill write-offs and the timing of resin costs. It plans for a tax-free spin-off and merger with Glatfelter Corporation to streamline Berry's focus on packaging solutions, enhancing long-term ...
10th May 2024
Zuiko Corporation completes the acquisition of 90 per cent of Delta Srl's quota, formalised at a board meeting on May 8, 2024. With plans for swift integration, Zuiko aims to enhance value for existing clients and target new ones. Delta, founded in 2022 in Italy, specialises in disposable sanitary products machinery, serving global markets.
10th May 2024
Mitsui Chemicals Asahi Life Materials has introduced a biodegradable spunbond nonwoven suitable for home composting, addressing global demand for eco-friendly solutions. The material decomposes in domestic composting environments, aiding environmental sustainability. The company plans production setup for various industrial applications by late...
9th May 2024
DITF and ARIS have developed a space-saving, durable greywater treatment system using 3D spacer fabric, aimed at maximising water reuse. The modular design adapts to various building structures and can even be integrated into densely populated urban areas. With low maintenance and long lifespan, it promotes sustainable water use and circular...
9th May 2024
IACMI and Michelman unveil a state-of-the-art fibre sizing line in Knoxville, TN, aiding composite manufacturing. This collaboration accelerates research-to-commercialisation, offering tailored fibre-matrix interfaces for enhanced composite properties. The sizing line, custom-built by Izumi International, enables customisation for various fibres...
9th May 2024
Suominen Corporation reported a slight drop in Q1 FY24 net sales to €113.6 million (~$121.9 million), a 3 per cent decline from last year. Despite this, EBITDA rose to €4.5 million from €2.6 million. Operating profit improved to €0.1 million, recovering from a €2.1 million loss. Sales varied across regions, with gains in EMEA and declines in the...
9th May 2024
Meisheng Group inaugurates its third Andritz needlepunch line in Shaoxing City, China, to meet the rising demand for synthetic suede, especially in the automotive sector, notably New Energy Vehicles (NEVs). Equipped with advanced ProWid technology, the line ensures optimal web weight regularity, enhancing quality while reducing material consumption.